Bezpieczeństwo energetyczne Polski w latach 2010–2016 w świetle prostego modelu importu netto

• Published in: Ekonomia Miedzynarodowa no. 24; pp. 117 - 132
• Main Author: Nyga-Łukaszewska, Honorata
• Format: Journal Article
• Language: Polish
• Published: Lodz Wydawnictwo Uniwersytetu Łódzkiego 2018; Lodz University Press; University of Łódź
• Subjects: Energy; Energy and Environmental Studies; Energy industry; National Economy; Terms of trade; Poland; energy import; energy security; terms of trade
• ISSN: 2082-4440; 2300-6005
• DOI: 10.18778/2082-4440.24.01

Issues related to the energy market are an important element of the economic policy of each country. One such issue is energy security. A literature review reveals broad energy security definitions. The classical approach to energy security, which focuses on price shocks in fuel markets, is the subject of special analysis in the text. Due to the high dependence of Poland on imported fuels (oil and gas), it seems reasonable to undertake a study aimed at determining the impact of changes in the prices of imported energy on GDP. The scope of the analysis covers the years 2010–2016. The study uses a simple net import model presented by the World Bank. The analysis shows that each period of energy price growth on international markets was associated with a deterioration of Polish terms of trade (goods), and a decrease in price growth with their improvement. That is why the decrease of terms of trade for Poland in 2010–2014 translated into a GDP decline of 0.1–0.2%.